|November 5, 2013|
Let this article from Baltimore (it is beyond contest that the black community has not only devalued property in Baltimore, but life as well) illustrate why Guns, Blacks, and Steel speaks to the ultimate truth [T. Rowe Price raises safety concerns as it weighs headquarters options: Recent incidents near downtown prompts company, Baltimore Sun, 7-24-13]:With the advent of federal civil rights legislation in the 1960s, America’s cities went to war. Washington D.C., New Orleans, Baltimore, Memphis, Philadelphia, and St. Louis became urban combat zones as extreme black-on-black gun violence exploded in the streets. Urban whites became refugees, fleeing to the safety of white-flight suburbia. And the implosion of property values for both commercial and residential urban real estate made equity the unspoken casualty of America’s new urban war.
Paul Kersey documented the collapse of Detroit in the underground bestseller Escape From Detroit, published one year before the city’s 2013 bankruptcy. Now, in Guns, Blacks, and Steel, Kersey shows how cities like Milwaukee, Indianapolis, Rochester, and Savannah are on course for the same type of economic Armageddon that has destroyed the former Motor City.
The war continues — but how can it be stopped? Today, even as lawmakers propose new, draconian gun laws — laws that would disarm the law-abiding citizens of America — Kersey provides the most comprehensive book yet revealing just who is committing the bulk of gun crime across the nation.
As T. Rowe Price weighs whether to remain at its Pratt Street headquarters in the heart of Baltimore, the safety of its employees is a key concern, the company's CEO said Wednesday.
Employees of the Baltimore-based money manager have been harassed by groups of youths and one of Price's vendors from New York was mugged outside his downtown hotel within the past two months, said CEO James A. C. Kennedy.
Price contacted the city several weeks ago about its concerns. "We told the mayor safety is a big issue," Kennedy said. "We want to make sure our people feel safe walking the streets of Baltimore."
Mayor Stephanie Rawlings-Blake said she moved swiftly to address Price's concerns as soon as she learned about them. "I'm not trying to downplay any of the concerns," the mayor said. "However, crime in downtown has declined dramatically over the years."
Most of the complaints Baltimore Police Department received this year in the Inner Harbor area involve car break-ins, although police investigated about 50 common assaults and more than 20 robberies.
In April, a 20-year-old Cheesecake Factory employee was fatally stabbed after leaving the Inner Harbor restaurant in the early morning hours.
Price, a fixture in downtown since its founding 76 years ago, said in April that it was exploring options for its headquarters, currently at 100 E. Pratt St. Its lease at that building, which towers over the Inner Harbor, expires in 2017.
Price is considering moving elsewhere in downtown or to Harbor East or Harbor Point. Price also could move to Owings Mills, where the money manager has a campus with a half dozen office buildings and 2,687 employees.
Price is being wooed by Harbor Point developer Michael S. Beatty. Exelon, the parent of Baltimore Gas and Electric, plans to build a skyscraper on the redeveloped site of the former Allied Chromium plant south of Harbor East.Remember, remember the fifth of November, for Paul Kersey brings to life a history you were never, ever supposed to hear.
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